Facebook On The Decline

I have heard recently that Facebook is on a decline. It seems to me like that would actually make sense. I know that a lot of people I have talked to don't use it anymore. It just seems like a waste of time, and I think that people are starting to figure that out. All people do on there anymore is update what they're doing all the time, or they are complaining about their life. Have any of you guys heard anything about this? And if so what do you think about it?

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